Did Big Tech Get Too Big? U.S. Crackdown Seeks Answer

Some attorneys and economists assume it’s time to maneuver previous standard antitrust enforcement to consider the consequences of focus on innovation, employment and client privateness. A recent line of pondering labeled the New Brandeis College (derided as “hipster antitrust” by critics) would rewrite the playbook completely and forestall, for instance, tech platforms from vertically integrating into different strains of enterprise. Consultant David Cicilline of Rhode Island, chairman of the Home Judiciary Committee’s antitrust subcommittee, has famous that key antitrust legal guidelines have been “written greater than 100 years in the past” — the Sherman Act of 1890 and the Clayton Act of 1914. In a 2020 report, that subcommittee known as for curbs on additional mergers, a rethinking of antitrust past client welfare and, doubtlessly, the compelled breakup of tech firms. Lina Khan, whom Biden appointed to go the FTC, was one of many report’s authors.

https://www.washingtonpost.com/enterprise/did-big-tech-get-too-big-us-crackdown-seeks-answer/2021/07/27/7c596f6a-ef19-11eb-81b2-9b7061a582d8_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Did Large Tech Get Too Large? U.S. Crackdown Seeks Reply

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